India’s main opposition Congress party who on Friday alleged that its bank accounts were frozen by the income tax department just weeks before the expected announcement of national elections, has now been de-frozen by the appellate tribunal. The Income Tax Appellate Tribunal de-froze the accounts of the party and will hear the matter next Wednesday.
Here are 10 updates on IT dept freezes Congress party’s accounts
- Congress spokesman Ajay Maken on Friday said the I-T sleuth’s action against his party was aimed at sidelining it ahead of the polls. Four of Congress’s accounts had been frozen after an investigation of the party’s 2018-19 income tax returns, Maken said. He added that the income tax department had issued a payment demand for ₹210 crore in relation to its probe. Maken conceded that the party had filed its returns late by up to 45 days but insisted it had done nothing to warrant such a penalty.
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